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Why is it impossible to determine if individuals have identical utility functions? a. Individuals do not often reveal their level of satisfaction. b. Individuals are
Why is it impossible to determine if individuals have identical utility functions? a. Individuals do not often reveal their level of satisfaction. b. Individuals are homogenous. c. Needs do not vary over a lifecycle. d. Satisfaction cannot be objectively measured
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
